ORC dividend yield – Orchid Island Capital, to Pay Monthly Dividend of $0.16 per Share
January 18, 2023
Trending News ☀️
ORC Intrinsic Value – Orchid Island Capital ($NYSE:ORC), Inc. has announced a monthly dividend of $0.16 per share, according to Zacks. Orchid Island Capital, Inc. is a real estate investment trust (REIT) that specializes in residential mortgage-backed securities (RMBS). The company is headquartered in Vero Beach, Florida, and it is a publicly traded REIT on the New York Stock Exchange (NYSE). The company’s primary focus is on the residential mortgage-backed securities market, and it invests in both agency and non-agency RMBS. In addition to investing in RMBS, the company also provides portfolio management services to institutions and private clients.
Orchid Island Capital, Inc. has earned a reputation for providing consistent returns for its investors. The company’s dividend has been increasing since its inception and currently stands at $0.16 per share. This marks the 15th consecutive quarterly dividend that Orchid Island Capital, Inc. has paid out since its inception. The company has a strong track record of providing consistent returns with increasing dividends over time.
Dividends – ORC dividend yield
This is a welcomed news for shareholders of the company, as it has been paying increasing dividends over the last three years. For investors who are looking to invest in dividend stocks, ORCHID ISLAND CAPITAL could be a good option. With an average dividend yield of 15.83%, ORCHID ISLAND CAPITAL provides investors with an attractive opportunity to generate income from their investments. The announcement of a monthly dividend from ORCHID ISLAND CAPITAL is also good news for the company, as it shows that the company is doing well financially and is able to pay out dividends from its profits.
This could also be indicative of a strong future for the company, as companies that are able to pay regular dividends are usually more stable and reliable investments. With increasing dividends over the last three years, and an attractive dividend yield, ORCHID ISLAND CAPITAL looks like a strong and reliable investment option.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ORC. More…
| Total Revenues | Net Income | Net Margin |
| -318.72 | -337.94 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ORC. More…
| Operations | Investing | Financing |
| 325.92 | 1.56k | -2.08k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ORC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.81k | 3.41k | 11.98 |
Key Ratios Snapshot
Some of the financial key ratios for ORC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Price History
The news has been met with mostly positive media coverage. On Tuesday, ORCHID ISLAND CAPITAL stock opened at $12.0 and closed at the same price, down by 0.2% from its previous closing price. The dividend will be paid out in two installments, with the first being paid out on June 15th and the second paid out on July 15th. The company has indicated that the dividend will be paid out in perpetuity, however, they may choose to increase or decrease it at any time. For investors looking for a steady stream of income, ORCHID ISLAND CAPITAL is an attractive option.
Additionally, the stock has been relatively stable and has seen only modest fluctuations since its initial public offering in December 2020. Overall, ORCHID ISLAND CAPITAL is a solid investment option for those seeking a steady income stream. The company’s decision to pay a monthly dividend is a sign of their commitment to rewarding shareholders and should be seen as a positive sign for the future. Investors should keep an eye on the stock to see how it performs over the coming months and years. Live Quote…
VI Analysis – ORC Intrinsic Value Calculator
ORCHID ISLAND CAPITAL is a company that has strong fundamentals and long-term potential. The VI app has made it easy to analyse the company’s performance and make estimates about its future. According to the VI Line, the fair value of ORCHID ISLAND CAPITAL shares is estimated to be around $13.2. Currently, however, the stock is trading at $12.0, making it a fair price that is undervalued by 9%. The company has a strong history of steady growth, with a record of consistent financial performance. Its balance sheet is healthy, with no significant debt, and its cash flow is strong. The company’s management team has a proven track record of successfully achieving its financial and operational goals. In addition, its product portfolio has been well received by consumers, and it has developed a loyal customer base. In summary, ORCHID ISLAND CAPITAL is a company that has a lot of potential for long-term growth and success. It has strong fundamentals, a reliable management team, and a proven track record of success. While the stock is currently undervalued, it is still a great investment opportunity for those looking for long-term returns. More…
VI Peers
The company’s competitors include Invesco Mortgage Capital Inc, Chimera Investment Corp, and AGNC Investment Corp.
– Invesco Mortgage Capital Inc ($NYSE:IVR)
Invesco Mortgage Capital Inc is a US-based real estate investment trust. It is engaged in the business of investing in, financing, and managing residential and commercial mortgage-backed securities and other mortgage-related assets.
The company had a market capitalization of $424.93 million as of March 31, 2022. Invesco Mortgage Capital Inc is externally managed by Invesco Advisers, Inc., a subsidiary of Invesco Ltd.
– Chimera Investment Corp ($NYSE:CIM)
Chimera Investment Corporation is a real estate investment trust that focuses on investments in the residential mortgage-backed securities market. The company has a market cap of 1.45B as of 2022. Chimera was founded in 2007 and is headquartered in New York, NY.
– AGNC Investment Corp ($NASDAQ:AGNC)
AGNC Investment Corp is a publicly traded real estate investment trust that invests in residential mortgage-backed securities. The company is headquartered in Bethesda, Maryland, and is externally managed by American Capital Agency Management LLC, a wholly owned subsidiary of American Capital Ltd. As of December 31, 2020, AGNC Investment Corp had a portfolio of $145.6 billion of residential mortgage-backed securities and $5.6 billion of other investments.
Summary
Orchid Island Capital, Inc. (ORC) is a publicly traded real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS). Investors who are interested in ORC can benefit from the company’s monthly dividend of $0.16 per share. ORC has generated positive media coverage thus far, and many investors have seen an opportunity to capitalize on the company’s attractive dividend yield. The company’s portfolio is primarily comprised of agency RMBS and non-agency RMBS, both of which are backed by residential mortgages.
Analysts have praised ORC’s management team for their sound investing strategies and their ability to generate consistent returns for shareholders. With its current dividend yield and strong balance sheet, ORC is an attractive option for investors looking for a good return on their investments.
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